Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta Explains Digital Euro Payment Focus…
Bitcoin hit highs above $29,000 Wednesday morning, amid fears of a new U.S. banking crisis as shares in First Republic Bank tumbled 50%. The price of Bitcoin hit a high of $29,173, per CoinGecko data, and is currently trading at just under $28,950, up 5.7% on the day. However, Bitcoin has yet to recover fully from its recent slump, and…
The World Economic Forum (WEF) has recently published a whitepaper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.” We’ve just published a World Economic Forum @wef whitepaper detailing blockchain technology’s valuable role in the global effort to fight climate change. Thanks @ToucanProtocol @BL4SG_ and more than 60 ReFi…
Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges as Option to ‘Fix’ Argentine…
A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet. The Sandbox announced a partnership in its official blog on Apr. 23. The collaboration will include several initiatives. The Sandbox will appear as a dApp…
Bitcoin (BTC) headed toward $29,000 on April 26 after overnight gains marked a solid rebound. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin short squeeze risk on the rise Data from Cointelegraph Markets Pro and TradingView showed BTC/USD advancing swiftly during Asia trading to deliver 6.5% upside versus its local lows. The pair had begun its comeback after the April…
press release PRESS RELEASE. Golden Gate (GGX) is a novel interchain infrastructure protocol that eliminates Layer 0 communication friction by delivering protocol-agnostic communications and more secure liquidity transfer. Golden Gate mediates interchain communication via the Incentivized Message Delivery Protocol (IMDP), which uses a network of couriers running light clients to deliver messages for efficient cross-chain communication. Golden Gate supports the…
Google’s new 2FA authenticator update could leave users vulnerable to hacks. Source: https://cointelegraph.com/public/index.php/news/the-danger-with-google-s-new-cloud-backup-for-2fa-authenticator
Circle CEO Jeremy Allaire in a recent interview said that the cryptocurrency crackdown by the United States regulators was a major factor behind its stablecoin USD Coin’s (USDC) declining market capitalization. Circle chief’s comments on the U.S. crackdown come amid heavy regulatory scrutiny following the collapse of the FTX exchange, a banking crisis and USDC’s momentary depegging. Allaire during an…
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the FCA has routinely warned consumers of risks associated with crypto, the watchdog has “always been open to innovation.” Few Customers Know…
